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The U.S. is turning into an energy ‘superpower’: API

MarketWatch.com -- A revolution in oil and natural-gas development hasn’t just spurred economic growth and new job creation in the United States, it’s turning the nation into an “energy superpower,” according to the American Petroleum Institute.

“There is a new energy reality of vast domestic resources of oil and natural gas brought about by advancing technology,” Karen Moreau, executive director of API’s New York State Petroleum Council told reporters in Washington Monday.

The U.S. produces more natural gas NGH13 +0.32% than any nation in the world, she said, and its daily production of more than 6 million barrels of oil CLH3 +0.03% is the third largest in the world.


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Submitted Feb 06, 2013 By: NOTSOGRN
Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: The U.S. is turning into an energy ‘superpower’: API Back to Topics
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tomok
Champion Author Portland

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Message Posted: Feb 17, 2013 7:23:00 PM

The U.S. is turning into an energy ‘superpower.’ But gas prices continue to rise and Big Oil and Big Gas sells fuel and natural gas on the world market for higher prices.
The US ‘oil and natural gas resources’ belong to the citizens of this country and are to be used by those same citizens! The price at the pump needs to go down to $2/gallon - *$3, *$3.50/gallon or *$4.00 is Not the new low!
More Refineries are Not the answer, Stop exporting fuel is!
Take care of the domestic fuel market first, above all else!
Drive vehicles with high MPG, are very safe, reliable, have a ‘reasonable’ cost and a good ‘value’ for the money.
The price of fuel at the pump is too high!
honda0105
Champion Author Tallahassee

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Message Posted: Feb 9, 2013 7:28:29 AM

lotsa mumbo-jumbo.
GAS1251
Champion Author Texas

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Message Posted: Feb 7, 2013 9:22:59 AM

Promises, promises.
gravityhurts
Champion Author North Carolina

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Message Posted: Feb 7, 2013 9:05:44 AM

And this will makes things better, right?
Settjec
Champion Author Little Rock

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Message Posted: Feb 7, 2013 2:43:41 AM

If that is the case, then we should see a price REDUCTION!!!!!!!
kgbellman
Champion Author Ann Arbor

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Message Posted: Feb 7, 2013 2:23:03 AM

That's great for the fuel companies, but where is ouor benefit?
Ahking
Champion Author Orange County

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Message Posted: Feb 7, 2013 2:19:46 AM

hope some of that trickle down to us the common folks.
sonicmustang
All-Star Author Alberta

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Message Posted: Feb 7, 2013 2:12:55 AM

Lets see how this works out.
Happytalk
Champion Author Pennsylvania

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Message Posted: Feb 7, 2013 2:09:28 AM

gas keeps going up
carloco75
Champion Author Richmond

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Message Posted: Feb 7, 2013 2:07:05 AM

MmmHmmm...oooKay...
Hunter724
Champion Author New Hampshire

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Message Posted: Feb 7, 2013 2:05:51 AM

Old News...
DisMusBeDaPlaz
Champion Author Tampa

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Message Posted: Feb 7, 2013 2:03:27 AM

From nuclear....now moving into the natural gas energy exchange.a
Brunduski
All-Star Author Missouri

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Message Posted: Feb 7, 2013 1:57:41 AM

And yet prices remain high.... hmm.
Bill100
Champion Author Grand Rapids

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Message Posted: Feb 7, 2013 1:56:29 AM

Years, even decades, down the road yet.
gmcgas
Champion Author Atlanta

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Message Posted: Feb 7, 2013 1:56:05 AM

how long before they price their self out of business?
Zing20
Champion Author Fresno

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Message Posted: Feb 7, 2013 1:55:30 AM

Good
arinkrat17
Champion Author Twin Cities

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Message Posted: Feb 7, 2013 1:53:49 AM

Ok
REVLAW
Champion Author San Antonio

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Message Posted: Feb 7, 2013 1:51:53 AM

I can hardly believe this with the HO in "power". Perhaps it is "in spite" of his idiocy and failed energy polices.
roadrunnerMO
Champion Author Kansas

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Message Posted: Feb 7, 2013 1:40:46 AM

It will not happen with obozo at the helm.
BobD2009
Champion Author Long Island

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Message Posted: Feb 7, 2013 1:34:21 AM

Let's hope so, but not likely with Obama.
singlemom27
Champion Author Ventura

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Message Posted: Feb 7, 2013 1:34:04 AM

And yet our prices are rising...
scu227
Champion Author New Haven

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Message Posted: Feb 7, 2013 1:30:19 AM

It's not doing us any good when we export it all and still pay ridiculous high prices.
mrreferee
Champion Author Savannah

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Message Posted: Feb 7, 2013 1:26:26 AM

then why are we sill having to subsidise them ???
SteveSeattle
All-Star Author Seattle

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Message Posted: Feb 7, 2013 1:26:19 AM

ok
rahcat
Champion Author Grand Rapids

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Message Posted: Feb 7, 2013 1:25:41 AM

I Will believe it when the prices are below $2.00 a gallon.
sehonda
Champion Author Honolulu

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Message Posted: Feb 7, 2013 1:25:04 AM

thought we were already...
Topless2012
Champion Author Twin Cities

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Message Posted: Feb 7, 2013 1:24:03 AM

Take this old story and obama and toss them in a dumpster.
PetroScopper
Champion Author Houston

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Message Posted: Feb 7, 2013 1:22:00 AM

There is so much hype to this energy "superpower" thing, that I am almost starting not to believe the rhetoric!
gman617
Champion Author Illinois

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Message Posted: Feb 7, 2013 1:20:57 AM

Yawn...
NedW
Champion Author Indianapolis

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Message Posted: Feb 7, 2013 1:20:51 AM

It must be getting dumped on the world market instead of being used to benefit the domestic economy 'cause pump prices don't reflect it.
rd2000
Champion Author Florida

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Message Posted: Feb 7, 2013 1:19:56 AM

cool
Ready Eddie
Champion Author Twin Cities

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Message Posted: Feb 7, 2013 1:19:50 AM

old story...
DrivingFool2
Champion Author Appleton

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Message Posted: Feb 7, 2013 1:18:27 AM

defiancegasman, your right on target
defiancegasman
Champion Author Ohio

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Message Posted: Feb 7, 2013 1:17:08 AM

Now if we could just put a STOP TO BIG OIL'S GREED and PRICE GOUGING, then AMERICA would be a real "ENERGY SUPERPOWER"!!!

We are the ONLY COUNTRY in the WORLD where the price of GAS GOES UP when there is a MAJOR NEW SOURCE FOUND. Even with both OIL and NATURAL GAS!!!
Pmgr
All-Star Author San Antonio

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Message Posted: Feb 7, 2013 1:16:51 AM

ok
TBONE3
Champion Author Pennsylvania

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Message Posted: Feb 7, 2013 1:16:30 AM

OK, if we are the Superpower, why are energy prices rising daily?
Ray_10589
Champion Author New York

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Message Posted: Feb 7, 2013 1:15:27 AM

not a good idea .... We are paying too much for energy now .... so we the taxpayer are really paying
bobdec
Champion Author Miami

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Message Posted: Feb 7, 2013 1:13:09 AM

Good only if it lowers gas prices
musicreporter
All-Star Author San Antonio

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Message Posted: Feb 7, 2013 1:12:42 AM

good or bad?
Mowerman08
Champion Author Milwaukee

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Message Posted: Feb 7, 2013 1:12:23 AM

opinion, exporting to the world, forget the USA
DirtDauber
Champion Author San Antonio

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Message Posted: Feb 7, 2013 1:11:25 AM

It is a good thing.
gch42
Champion Author Georgia

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Message Posted: Feb 7, 2013 1:10:42 AM

GOOD! Let's use it for our advantage...
badharley
Champion Author Tampa

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Message Posted: Feb 7, 2013 1:10:36 AM

Good for us that we produce more natural gas we should produce more unleaded fuel so prices would go down.
TIGERPAW46
Champion Author Florida

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Message Posted: Feb 7, 2013 1:09:29 AM

Another article continued from last night.
UpSol7
Champion Author Augusta

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Message Posted: Feb 7, 2013 1:07:31 AM

and of course the American Petroleum Institute is completely unbiased in their findings....
2005Retired
Champion Author Arkansas

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Message Posted: Feb 7, 2013 1:03:46 AM

Prices go up, so now they find more
seahawks
Champion Author Washington

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Message Posted: Feb 7, 2013 1:03:29 AM

let's keep it here in this country!!!
Matt G
Champion Author Boston

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Message Posted: Feb 7, 2013 1:00:03 AM

And charging it's citizens for it
GAS1251
Champion Author Texas

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Message Posted: Feb 7, 2013 12:59:51 AM

Or so they say
THX138
Champion Author San Francisco

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Message Posted: Feb 7, 2013 12:54:04 AM

$5 a gallon superpower? How about $6 a gallon superpower?
crreed1
Champion Author West Virginia

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Message Posted: Feb 7, 2013 12:27:58 AM

it's all exported
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